Vice President JD Vance said negotiations over ending Russia’s war in Ukraine are focused on security guarantees for Ukraine and territory Russia wants to control — including Ukrainian territory that Russia isn’t occupying — as the US tries to broker a peace deal between the two nations.

Vice President JD Vance is hoping for peace between Russia and Ukraine — and he also wants to stop funding Ukraine in the war. The vice president said Sunday, “We’re done with the funding of the Ukraine war business. We want to bring about a peaceful settlement to this thing,” The Hill reported.

U.S. President Donald Trump renewed a threat to impose sanctions on Russia on Friday if there is no progress toward a peaceful settlement in Ukraine in two weeks, showing frustration at Moscow a week after his meeting with Russian President Vladimir Putin in Alaska.